EU highlights real costs of power generation

Commission research directorate publicises major study on electricity's externalities

The real costs of generating electricity from coal are more than double the actual current price, and the real costs of gas-fired power generation over one-third higher, according to an EU research project publicised on Friday. The European Commission said that the ExternE project had put the "first ever plausable financial figures against damages resulting from different forms of electricity production".

Latest results from the long-running ExternE actually emerged months ago, as well as being formally launched by EU research commissioner Philippe Busquin at a conference in May. Even so, the figures appear not to be widely known and make for fascinating reading.

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